Capital One is defending itself from the CFPB's claims that it cheated customers out of billions of dollars in interest payments.

The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments. The Consumer Financial Protection Bureau (CFPB) accused the banking

If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return on your deposits than the marketing suggested, according to a lawsuit filed Tuesday by the government's consumer watchdog agency.

The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank said it would fight the suit, which comes just days before the Trump administration takes over the regulator.

Capital One faces a lawsuit for deceiving consumers on savings account rates, causing $2B in potential losses.

A new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up and get the most out of their deposits, experts say.

The past couple of years have been great for the overall stock market, but there is a downside. When stock prices go up, dividend yields decline. Now, income-seeking investors need to look extra hard for reliable stocks that offer satisfying yields.

Bank of America Corporation (NYSE:BAC), one of the world's largest financial institutions, finds itself at a critical juncture as it navigates a complex economic landscape. With a precise market capitalization of $353.

Clearly Trump wants to hit the ground running, and from an economic perspective his key policy platforms are tariffs, taxes and liberalisation.

Parliament's Budget Session will held from January 31 to April 4, with Finance Minister Nirmala Sitharaman set to table her eighth straight budget on February 1. In line with the convention, the session will start with President Droupadi Murmu's address to a joint sitting of the Lok Sabha and Rajya Sabha on January 31 followed by the tabling of the economic survey.

As he assumes the presidency for a second time, Donald Trump brings with him a broad expanse of business relationships and financial entanglements.